Author: Robert Hernandez

One controversial provision of the Tax Cuts and Jobs Act of 2017, you may recall, required nonprofit organizations, including churches, to calculate unrelated business income tax on qualified transportation fringe benefits provided to employees. Among the benefits included were employer-provided parking and mass transit passes, as...

09 January, 2020

Bonuses are a form of variable pay that are used to inspire employee loyalty or reward performance, and it's essential to know about the different kinds. Discretionary Bonuses   A bonus is discretionary if it's given solely at the employer's discretion and does not cause an expectation of...

08 January, 2020

If you have hourly workers, your business may be leaking cash unnecessarily. I'm talking about time theft. It can be just as expensive as employees stealing merchandise. Time Theft Is Widespread Among Hourly Workers   Time theft comes in many flavors. One flavor is hours padding. Many associates...

07 January, 2020

You may have overpaid an employee because someone entered the wrong information into the system. Or maybe the employee or his or her supervisor submitted inaccurate data. Either way, this type of error is usually easily fixable. You do have to follow certain procedures, however. Reclaiming...

03 January, 2020

TimeWorksTouch combines the latest in time clock technology with industry-proven, cloud-based time and attendance services. Company-Wide Benefits   HR and Payroll managers won't have to research and correct missed and unmatched punches and system is synced to payroll system. It provides supervisors with supreme visibility and tools for absence...

31 December, 2019

WASHINGTON – As tax filing season approaches, the Internal Revenue Service cautions taxpayers not to rely on receiving their refund by a certain date, especially when making major purchases or paying bills. Some tax returns may require additional review and those refunds may take longer. Many...

27 December, 2019

On December 16, 2019, U.S. lawmakers struck a tax-policy deal.  As part of the package, lawmakers agreed to repeal a part of the 2017 Tax Reform law that charged churches and nonprofits taxes for offering parking to their employees. It appears that if the nonprofit parking...

26 December, 2019

On September 24, 2019, and December 12, 2019, the U.S. Department of Labor announced a final rule to make 1.3 million American workers newly eligible for overtime pay and an updated definition of overtime. This is the first time in more than 50 years that...

25 December, 2019